Movers and SHAKERS
2018: The inflection year.
Ducommun Inc is a leading global provider of engineering & manufacturing services for high-performance products & high-cost-of failure applications used primarily in the aerospace and defense, industrial, medical & other industries.
- Q4 Revenue Gets a Boost. Fourth quarter revenues of $164.2 million beat our estimates of $160 million and were were a 15.4% or $21.9 million increase over Q4 2017. This revenue growth was strongly boosted by a $17 million increase in sales from the the commercial aerospace end markets, which includes the Boeing 737 and Airbus A320 revenue ramp.
Plan Completed. The restructuring plan, which was initiated in Q4 of
2017, aimed to streamline operations, improve capacity utilization, and enhance
margins. With its completion this quarter, the company is already halfway to
its cost savings goals in 2018, and is on track to achieve its ann...
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